Heavy Tax Burden Imposed on Shops Following Revised Regulations FBR Amends Tajir Dost Special Procedure for Fixed Taxes on Shops
Islamabad: The Federal Board of Revenue (FBR) has issued an amended Tajir Dost Special Procedure, 2024, outlining revised fixed tax rates for various markets across Pakistan.
In Super Market, Sector F-6, Islamabad, ground floor shops will now pay a monthly advance tax of Rs 60,000, while shops on other floors will pay Rs 30,000 per month.
Karachi: Shops located at MA Jinnah Road, Market Quarters, and Karachi Marriot Road are required to pay a fixed tax of Rs 60,000 per month.
Bahria Enclave and Islamabad Sectors A, B, C, H, G: Shops in these areas will also pay Rs 60,000 per month.
Melody Market, Islamabad: Backside shops will pay Rs 45,000 per month, while ground floor shops will pay Rs 60,000 per month.
Bath Island, Karachi: Shops facing Khayaban-e-Iqbal Road will pay a fixed tax of Rs 60,000 per month.
Bhori Bazaar, Burns Road, Bombay Bazaar, Karachi: These areas are also set at a fixed monthly tax rate of Rs 60,000.
Clifton Quarters, Karachi: Excluding Shireen Jinnah Colony and Clifton Block-I, shops will pay Rs 60,000 as fixed tax.
Defence Housing Authority (DHA), Karachi: Shops in DHA Phase I to VIII, VII Extension, VIII Extension (excluding Commissioner Society and Humayun Street), and Karachi Defence Officers Housing Scheme, Malir, will pay Rs 60,000 per month.
II Chundrigar Road and Dehli Mercantile, Karachi: Monthly tax fixed at Rs 60,000.
Joria Bazaar, Junna Market, KDA Officers Housing Society, KDA Scheme No 1 and 1A, Kagzi Bazaar, Karachi: These areas also fall under the Rs 60,000 fixed monthly tax bracket.
Karachi Administrative Cooperative Housing Society, Karachi Cooperative Housing Society: Shops here will pay Rs 45,000 or Rs 60,000 per month depending on location.
Lahore: Shahalam Gate (E-Ward), Ravi Town, will see a fixed tax of Rs 60,000 per month. Montgomery Road, Data Gunj Buksh Town, and Rangmahal Main (E-Ward), Ravi Town, will pay Rs 30,000 and Rs 60,000 respectively.
Sialkot: Shops at Al-Fatah Market, Bank Road (Front), Bano Bazaar, and Bansanwala Bazaar will pay Rs 20,000 per month. Main Bazaar Daska, Adam Ji Road, Rawalpindi, and various locations in Faisalabad also have specified tax rates ranging from Rs 30,000 to Rs 60,000 per month.
The revised tax rates aim to streamline taxation procedures across different commercial areas, ensuring clarity and compliance among shop owners nationwide.
